Srettha: Central bank has space to cut rates

Srettha: Central bank has space to cut rates

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PUBLISHED : 6 Feb 2024 at 11: 30 Srettha: Central bank can cut rates now. Prime Minister Srettha Thavisin on Tuesday onceagain called on the Bank of Thailand (BoT) to cut interest rates, stating a 25 basis-point rate cut would aid individuals and not stir inflation. Inflation hasactually been unfavorable and listedbelow the lower end of the main bank’s target variety, so even after minimizing the secret rate from 2.50% to 2.25% there would still be “a lot of ro
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